Advertisement
UK markets close in 7 hours 52 minutes
  • FTSE 100

    7,841.10
    -35.95 (-0.46%)
     
  • FTSE 250

    19,298.52
    -152.15 (-0.78%)
     
  • AIM

    741.64
    -3.65 (-0.49%)
     
  • GBP/EUR

    1.1679
    -0.0004 (-0.04%)
     
  • GBP/USD

    1.2441
    +0.0003 (+0.02%)
     
  • Bitcoin GBP

    51,937.68
    +2,759.61 (+5.61%)
     
  • CMC Crypto 200

    1,328.45
    +15.82 (+1.21%)
     
  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     
  • DOW

    37,775.38
    +22.07 (+0.06%)
     
  • CRUDE OIL

    83.70
    +0.97 (+1.17%)
     
  • GOLD FUTURES

    2,402.00
    +4.00 (+0.17%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • HANG SENG

    16,249.13
    -136.74 (-0.83%)
     
  • DAX

    17,652.85
    -184.55 (-1.03%)
     
  • CAC 40

    7,966.75
    -56.51 (-0.70%)
     

LG Electronics says first-quarter profit up 82 percent from year earlier

FILE PHOTO - The LG logo is seen on a building roof in Minsk, Belarus, September 12, 2016. REUTERS/Vasily Fedosenko/File Photo

SEOUL (Reuters) - South Korea's LG Electronics Inc said on Thursday its first-quarter operating profit rose 82 percent from a year earlier to its highest in nearly eight years on the back of healthy sales for its appliances and television businesses.

LG said January-March profit was 922 billion won ($816 million) in line with its estimate earlier in April. Revenue rose 9.7 percent to 14.7 trillion won, also in line with the company's previous estimate.

($1 = 1,129.4000 won)

(Reporting by Joyce Lee; Writing by Se Young Lee; Editing by Richard Pullin)